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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Anonymous who wrote (4878)10/29/1998 9:30:00 PM
From: J. P.  Respond to of 21876
 
Anonymous,

First of all thank you for replying.

I think that my question was more asking if there was some fundamental reason Lucent did not rise with the market on this
particular day. Perhaps there was news that was not widely
publicized....

Yes, Lucent did rise 40.24% since Monday October 26, but I distinctly remember a stock with the symbol "LU" falling from 108 to 56 in a very short period of time. I think there may be a very large seller out there who is temporarily keeping us at resistance.